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J.D. Power, GlobalData increased 2024 global new light-vehicle sales outlook by 700,000 cars, vans from 88 million (+1.5%) to 88.7 million (+2%) and 2025 forecast by 200,000 units from 90.6 million to 90.8 million (+2%). While uncertainty remains high as attention shifts to 2025, outlook improved in environment of easing inflationary pressure, Schuster (GlobalData) said
December 31, 2024 | 05:45pm CETflashread more
Porsche Holding Salzburg: In January-November, 40,359 battery electric vehicles (-7.4%, M1-11 2023: 43,602 cars) of 133 models (100; of which 15 Chinese, 13) of 44 brands (37) registered in Austria. Market share of electric vehicles (BEVs), hybrids (PHEVs, HEVs, MHEVs) raised by 1 pp to 49.2% (48.2%). Economic fluctuations but also ever-recurring discussions about future of internal combustion engine (ICE) are making it difficult for entire industry to transform towards electromobility, Schützinger said
December 31, 2024 | 05:38pm CETflashread more
Toyota Motor expects further growth in Czechia in 2024 – 20,000 Toyota customer contracts, 22,000 vehicles sold (+1.2%, 21,738), 9% market share (+0.9 pp; 8.1%, +1.5 pp) in market of 245,000 cars and vans (+0.3%, 244,202), 3rd place in market (4th place), 2,000 Lexus customer contracts, 2,100 Lexus cars sold (+47%; 1,432, +39.4%), 2,000 Kinto operational leasing contracts (over 680), sale of 9,200 used vehicles in dealer network (+16%; 7,955, +16.7%). Sales of new Toyota and Lexus vehicles per partner increased by 31.7% to 1,655 in 2023 (2022: 1,257), number of service (paid, non-warranty) orders by 17% to 115,000 (98,464). Dealers sell 0.5 used vehicle to 1 new vehicle today, in future it could be 1-1.5 to 1, Peleška said
December 31, 2024 | 05:32pm CETflashread more
VDA: Most popular car color in Germany in 2024 was grey/silver (share 33%, 2023: 31.6%), followed by black (26.6%, 26.4%), white (19.9%, 20.7%), blue (8.9%, 9.6%), red (4.7%, 5.1%), green (3%, 2.5%), yellow (0.9%, 0.9%), brown (0.6%, 0.6%), orange (0.5%, 0.8%) and purple/violet (0.1%, 0.1%). First trio of colours increased share to 79.5% (2023: 78.7%), according to KBA new car registration statistics for January-November
December 31, 2024 | 05:27pm CETflashread more
Beneš: Ford wants to sell 350 electric vehicles in Czechia in 2024 (2023: 125 registered vehicles, 69+56), of which 150 cars (120 Mustang Mach-E, 30 Explorer) and 200 vans (E-Transit, of which 130 for Czech Post). In 2025, we plan to almost double BEV sales to 600 units, contributed by new models Puma Gen-E, Capri, E-Tourneo Courier and E-Tourneo Custom
December 31, 2024 | 05:20pm CETflashread more
Toyota Central Europe: Premium segment in Czechia increased by 35.3% to 24,787 new cars in 2023 (Mercedes 6,348 registrations +20% y/y, BMW 5,851 +31%, Audi 4,012 +19%, Volvo 3,009 +33%, Lexus 1,520 +73%, Porsche 731 +65%, Land Rover 545 +100%, Mini 221 -39%, Alfa Romeo 196 +133%, others 2,354 n/a) when entire Czech car market grew (by 15.3% to 221,422 units)
December 31, 2024 | 05:08pm CETflashread more
S&P Global Mobility: Global light vehicle production to drop by 1.6% to 89.1 million in 2024 (Europe 17 million), by 0.4% to 88.7 million in 2025 (Europe 16.6 million, -2.6%; North America 15.1 million, -2.4%; Mainland China 29.6 million, +0.1%). Production outlook for 2025 is dominated by assumption that incoming US administration of president-elect Donald Trump to levy new wide-reaching tariff regime, effectively creating universal tariff of 10% on all goods coming into USA except for Canada and Mexico (USMCA) and mainland China (30%)
December 30, 2024 | 04:36pm CETflashread more
Schützinger (Porsche Holding Salzburg): Austrian car market to exceed 250,000 units in 2024 (+4.5%, 2023: 239,150 registered cars), of which market share of Volkswagen Group brands to reach around 39% (97,500 cars). In 2025, new car sales in Austria could achieve similar level to 2024, breaking 250,000 mark should be realistic
December 30, 2024 | 04:26pm CETflashread more
Zahel: Alfa Romeo wants to sell 300 cars in Czechia in 2024 (2023: 198 registered vehicles), of which 50% Stelvio, 30% Giulia and 20% Tonale. Brand's electrification began in 2023 (Tonale MHEV, Plug-In Hybrid Q4 PHEV), continues in 2024 (Milano/Junior Ibrida MHEV, Elettrica BEV, Elettrica Veloce 280 BEV, Ibrida Q4 MHEV), to be followed by new Stelvio (2025) and new Giulia (2026), and automaker plans to have 100% electric range in 2027 (or later). Sales supported by special series – Super Sport (limited edition of Giulia Quadrifoglio and Stelvio Quadrifoglio) and Tributo Italiano (unlimited edition of Giulia, Stelvio and Tonale)
December 30, 2024 | 04:15pm CETflashread more
AutoSAP: 16,398 (passenger) electric vehicles produced in Czechia in November (+9.9%; 12,268 battery electric vehicles, +21%, 4,130 plug-in hybrids, -13.6%), of which 16,356 cars (+9.6%; Škoda: 8,475 BEVs, +53.8%, 2,495 PHEVs, +1.1%; Hyundai: 3,751 BEVs, -19%, 1,635 PHEVs, -29.3%) and 42 buses (SOR: 4 BEVs; Škoda Electric: 0 BEVs; Iveco: 38 BEVs)
December 30, 2024 | 04:02pm CETflashread more
S&P Global Mobility: Global new light vehicle sales to grow by 1.7% to 88.2 million in 2024, by 1.7% to 89.6 million in 2025 (Western/Central Europe 15 million +1.1%, 15 million +0.1%; USA 16 million +6%, 16.2 million +1.2%; Mainland China 25.8 million +1.4%, 26.6 million +3%; Japan 4.4 million n/a, 4.6 million +5.4%). Demand for battery electric passenger vehicles (BEV) to reach 15.1 million units in 2025 (+29.9%, 2024: 11.6 million), representing estimated penetration of 16.7% (13.2%) – Europe 20,4 % (volume +43.4%), USA 11.2% (+36%), China 29.7% (+19.7%), India 7.5% (+117%)
December 27, 2024 | 04:59pm CETflashread more
Maláček (Škoda Auto): Development of charging infrastructure in Czechia outpaces growth of electric car fleet, public network of charging stations is already ready for sale of 10,000-15,000 new electric vehicles in 2025. Czech BEV market in 2025 to grow at similar pace as in 2023 and 2024 (around +50%)
December 27, 2024 | 04:54pm CETflashread more
Component manufacturers
Inteva Products to move production to Czech Rep
September 22, 2015 | 11:52pm CEToriginalThe original, contemplated and confirmed factory site, the reasons for the decision changes, the developer, HR, timing, products...
read moreSchaeffler to enter stock exchange
September 21, 2015 | 10:58pm CEToriginalReasons, the size of the offered share, the number of shares, the expected proceeds from the IPO, timing, the subsequent allocation of funds...
read moreJohnson Controls plans to lay off 3,000 people
September 21, 2015 | 01:25am CEToriginalReasons, timing, expected annual savings, current number of employees, sales of certain activities, the situation in the Czech Republic...
read moreKostal wants to significantly increase production in Czech Rep by 2018
September 17, 2015 | 11:47pm CEToriginalContracts until 2025, the expected development of revenues, the profile of the two Czech plants, HR, products, customers...
read moreNexen Tire hires local managers in Central Europe
September 10, 2015 | 02:49am CEToriginalThis is related to the expansion of activities in manufacturing, distribution and sales. The company has been recently strengthened by managers from competitors and the state administration...
read moreContinental restored Czech rubber conference Gumference
September 7, 2015 | 11:48pm CEToriginalDate, place, program of Gumference 2015, co-organizers of the 3rd year, cooperation stock market, Taraxagum Dandelion Rubber, delegates...
read moreNexen Tire to begin construction of plant in Czech Rep soon
September 6, 2015 | 11:29pm CEToriginalEIA, zoning, building permit, production capacity, HR, employee training, R&D centre...
read moreModelarna Novak bought new equipment, expanded production possibilities
August 28, 2015 | 04:23am CEToriginalThe first five-axis CNC machining centre, second 3D arm for checking the accuracy of products, clients from automotive industry, results in 2014, HR...
read moreZdenek Fort went from carmaker to automotive supplier
August 25, 2015 | 11:53pm CEToriginalHowever, he will still operate in distribution. The company and its profile, Fort’s new position…
read moreUS investigates rupture of Takata airbag in Volkswagen vehicle
August 25, 2015 | 11:26pm CEToriginalThe incident took place in a new car, while millions of recalls concern vehicles older than 5 years. The affected model...
read moreJTEKT presented business and investment plan for Czech plant of Koyo Bearings until 2017
August 24, 2015 | 12:05am CEToriginalNew lines in Olomouc, planned investments and revenues, HR, products and clients, contract for Jaguar Land Rover...
read moreInteva Products wants to build new plant in Czech Rep
August 19, 2015 | 12:10am CEToriginalLocation, developer, reasons, size, HR, timing, products, clients mainly from Central Europe, contracts, R&D...
read moreSaint-Gobain Sekurit reorganizing and automating production in Europe
August 16, 2015 | 11:13pm CEToriginalExtending the Czech plant, timing, increasing demand for windscreens, HR, payroll, high profitability of production, clients...
read moreJaguar Land Rover agreed to manufacture cars in Austria
August 9, 2015 | 10:39pm CEToriginalLocation, produced models, including electric vehicles, production in six countries, investment and product expansion in the years 2015-2016...
read moreBorgers to expand production in Czech Rep
August 7, 2015 | 01:12am CEToriginalLocations, amount of investment, the new logistics area, HR, results in 2014, plans for the years 2015 and 2016, products, clients, R&D, 150th anniversary of the family company...
read moreDelphi to buy HellermannTyton
July 30, 2015 | 11:39pm CEToriginalOne reason is the competence in the field of cars connected to the Internet. Company profile, current owner, price, completion of the transaction...
read moreEuropean Commission approved incentives for Nexen Tire investment in Czech Rep
July 23, 2015 | 11:55pm CEToriginalThe amount of investments and aid, allocation of funds, parameters of the tire plant near Zatec, Czech subsidiary company and its head...
read moreMagna to buy gearbox manufacturer Getrag
July 17, 2015 | 02:20am CEToriginalThe value of the company, the price of the transaction, the business results in 2014, clients, growth of dual-clutch transmissions segment, sale of the Magna's interior division to Grupo Antolin...
read moreSeat stopped production in Spain
July 16, 2015 | 03:25am CEToriginalThis measure has also affected production of Audi cars in the country. A strike at a supplier, products, reasons, timing, production and sale of Seat cars in H1...
read moreTakata refused to create fund for victims of defective airbags
July 15, 2015 | 06:05pm CEToriginalAt least eight deaths and over 100 injuries are linked to the defective Takata airbags. A similar fund of GM, the latest recall of Japanese carmakers…
read moreInteva Products built two new plants
July 15, 2015 | 03:30am CEToriginalOne is located in Eastern Europe, one in Asia. Locations, products, HR, timing, moving one R&D centre, clients...
read morePothole Alert: Jaguar Land Rover developing system of detection and information share on potholes
July 12, 2015 | 11:13pm CEToriginalTest cars, the use of adaptive shock absorbers MagneRide, technology capabilities, a warning to other drivers and Road Administration, savings from the defects, damage and accidents...
read moreMagneti Marelli expanded car lighting plant in Russia
July 7, 2015 | 11:39pm CEToriginalLocation, new hall, the amount of investment, developer, problems, test operation, a shift from assembly to manufacturing, HR, local products and clients of Automotive Lighting...
read moreDenso wants to expand production in Czech Rep by 30% by 2020
July 3, 2015 | 12:08am CEToriginalNew investment, location, growth of automation, HR, recruiting abroad, a new contract from an existing client, the results in 2014 and plan for 2015...
read moreProgress-Werk Oberkirch to invest further EUR 15 million in Czech Rep
July 2, 2015 | 01:06am CEToriginalThe recent expansion of the plant in Valasske Mezirici, new press machines, HR, products, clients, production growth in the coming years, scholarship programs connected to practice in PWO...
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